In 2023, global aluminum production was led by China, which held a dominant 58.43% share, reflecting a 2.72% increase from the previous year. India followed with 6.2% with a 3.42% rise, and Russia held a 5.18% share with only a slight increase of 0.036%. The UAE and Canada rounded out the top five, with changes of 2.61% and a decline of 0.18%, respectively. Countries like Bahrain and Malaysia saw significant increases at 7.09% and 4.97%. The U.S., however, experienced a substantial reduction of 6.8%, alongside other declines like Brazil's 7.54% and Bosnia and Herzegovina's 12.1%.
Future trends to watch in global aluminum production involve attention on regions with expanding outputs and technological advancements, particularly in China and India. Sustainability initiatives and shifting geopolitical landscapes might also influence market shares, while environmental regulations could impact production capabilities in various countries.
Top countries in Aluminum Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 58.43 | 2023 | +3.27% | +2.72% | View data |
| 2 | 2 India | 6.2 | 2023 | +3.93% | +3.42% | View data |
| 3 | 3 Russia | 5.18 | 2023 | +0.038% | +0.036% | View data |
| 4 | 4 United Arab Emirates | 4.29 | 2023 | +2.93% | +2.61% | View data |
| 5 | 5 Canada | 4.13 | 2023 | -0.066% | -0.18% | View data |
| 6 | 6 Australia | 2.12 | 2023 | -1.16% | -1.15% | View data |
| 7 | 7 Bahrain | 2.03 | 2023 | +2.82% | +7.09% | View data |
| 8 | 8 Norway | 2.02 | 2023 | +0.88% | +1.75% | View data |
| 9 | 9 Saudi Arabia | 1.37 | 2023 | +3.91% | +3.6% | View data |
| 10 | 10 Malaysia | 1.36 | 2023 | +5.05% | +4.97% | View data |